The Iraqi Stock Exchange Traded 37 Billion Shares Worth 53 Billion Dinars During The Month.
Stock Exchange Economy News – Baghdad The Iraq Stock Exchange announced on Monday that 37 billion shares were traded with a financial value of more than 53 billion dinars during the month of October.
The market stated in a report that “the market organized 22 trading sessions and the number of companies whose shares were traded during last October amounted to 80 joint-stock companies, out of 104 companies listed on the market.”
He added that “the number of shares traded amounted to 37 billion, 982 million and 411 thousand shares with a financial value of 53 billion and 103 million dinars through the execution of 18,316 transactions,” noting that “the ISX60 index of traded prices closed at 940.17 points, recording a decrease of 2.4% compared to its closing in the previous session.”
It is worth noting that the Iraq Stock Exchange holds five trading sessions weekly from Sunday to Thursday, and lists 104 Iraqi joint-stock companies, representing the banking, communications, industry, agriculture, insurance, financial investment, tourism and hotel sectors. https://economy-news.net/content.php?id=61895
The Dollar Is Rising In Baghdad… The Note Is At 141,000 Dinars.
Economy | 03/11/2025 Mawazin News – Baghdad : The exchange rate of the US dollar against the Iraqi dinar rose in Baghdad’s local markets.
The dollar saw a slight increase in the Al-Kifah and Al-Harithiya exchanges, reaching 141,000 dinars per 100 dollars, compared to 140,950 dinars per 100 dollars yesterday.
Meanwhile, the selling price at currency exchange shops in Baghdad’s local markets remained stable at 142,000 dinars per 100 dollars, while the buying price was 140,000 dinars per 100 dollars. https://www.mawazin.net/Details.aspx?jimare=269581
Gold Posts Modest Gains As Markets Await US Federal Reserve Action
Economy | 03/11/2025 Mawazin News – Economy Gold prices edged higher on Monday, supported by a stronger dollar and reduced investor expectations of a Federal Reserve interest rate cut following Jerome Powell’s hawkish comments last week. The precious metal was also pressured by easing trade tensions between the US and China.
Spot gold rose 0.1% to $4,006.01 per ounce, while US gold futures for December delivery climbed 0.5% to $4,016.40 per ounce.
Among other precious metals, spot silver fell 0.5% to $48.41 per ounce, platinum dipped 0.1% to $1,566.40, and Palladium Declined 0.6% To $1,424.88. Https://Www.Mawazin.Net/Details.Aspx?Jimare=269569
Basra Crude Oil Prices Rise In Global Markets
Monday, November 3, 2025, Economy Baghdad/ NINA / Basra crude oil prices rose on Monday during weekly trading on the global market.
According to data from the Energy Administration, Basra Medium crude rose to $66.68 per barrel, while Basra Heavy crude reached $64.68 per barrel, representing a change of +1.21% for both. https://ninanews.com/Website/News/Details?key=1260124
The Central Bank Sets A Plan For Banking Reform.
Time: 2025/11/03 07:50:28 Reading: 120 times {Economic: Al-Furat News} The Central Bank of Iraq has identified several key points for the banking reform plan that it agreed upon with the global company “Oliver Wyman”.
Central Bank spokesman Alaa Al-Fahd said in a press statement that “the plan is the most important strategy undertaken by the Central Bank to develop the financial and banking sector in Iraq in cooperation with the global company (Oliver Wyman)” noting that “the plan is represented by digital and electronic transformation, diversifying the base of financial inclusion and moving away from paper transactions, so that local banks will be at a level comparable to global and regional banks.”
Al-Fahd added that “this plan needs time to be implemented, despite the existence of very large challenges that it may face,” expecting “the banks’ agreement to enter into the reform plan to be a successful first step towards a path that extends from 3 to 5 years.”
He explained that “the turning point is the opening of a branch of (Arab Bank) in Baghdad, which is evidence of competition in the local, Arab, regional and international banking sector, so that banks in Iraq are no less than the banks of the Emirates and the Kingdom of Saudi Arabia, and its application in cooperation with the global company makes these banks operate at a global level of financial services, improve their quality, develop human resources and apply technological transactions and cybersecurity within a comprehensive plan for technological, financial and banking reform and development in Iraq.” LINK
America Congratulates Iraq And Turkey On Signing An Agreement To Manage Water Resources.
Time: 2025/11/03 17:42:01 Reading: 30 times US President’s Special Envoy to Iraq Mark Savaya: We congratulate Iraq and Turkey on signing a framework agreement on water resources management.
We are committed to supporting Iraq and its people in their pursuit of greater stability and prosperity and building a sustainable environment. LINK
Iraq Participates In COMCEC Meetings To Promote Islamic Economic Cooperation
Monday, November 3, 2025, | Economy Number of views: 93 Baghdad/ NINA / The Republic of Iraq actively participated in the work of the 41st session of the Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC), which was launched in Istanbul, Turkey, in the presence of Turkish President Recep Tayyip Erdogan, and with broad participation from representatives of the member states of the organization.
A statement from the Ministry of Trade indicated that Minister of Trade Atheer Dawood Al-Ghurairi headed the Iraqi delegation, accompanied by the Director General of the Department of Foreign Economic Relations at the Ministry, the Consul General of the Republic of Iraq in Istanbul, and the Director of the Iraqi Trade Office in the city.
During the participation, Al-Ghurairi emphasized Iraq’s commitment to playing an active role within the activities of the Organization of Islamic Cooperation (OIC) and its dedication to supporting initiatives aimed at strengthening economic, trade, and investment cooperation among member states, thereby contributing to economic integration and sustainable development in the Islamic world.
The statement added that the meetings also discussed key issues related to enhancing intra-trade, stimulating investment, developing the tourism sector, and improving transportation infrastructure in member states, as well as following up on the implementation of decisions and recommendations issued by previous sessions.
The statement noted that Iraq’s participation in this international forum affirms the government’s direction towards expanding the horizons of economic and trade partnerships with Islamic countries and activating frameworks for joint cooperation in line with economic reform efforts and to strengthen Iraq’s presence in international and regional organizations. /End https://ninanews.com/Website/News/Details?key=1260214
